RHL enters GT2 with Porsche in 2007

Bobby Rahal's Rahal Letterman Racing team will contest the 2007 American
Le Mans Series in the GT2 class
Monterey, Calif. - Already armed with the best schedule in its eight-year
history, another diverse television package and the addition of ...

Bobby Rahal's Rahal Letterman Racing team will contest the 2007 American
Le Mans Series in the GT2 class

Monterey, Calif. - Already armed with the best schedule in its eight-year
history, another diverse television package and the addition of multiple
world-class teams, the 2007 American Le Mans Series season gained even
more momentum with Thursday's announcement of Rahal Letterman Racing
joining for the full season.

Rahal Letterman Racing will enter the American Le Mans Series as a
participant in the GT2 category. The team intends to run a program in the
Series featuring the new Porsche 911 GT3 RSR, it announced at Mazda
Raceway Laguna Seca, site of this weekend's Monterey Sports Car
Championships.

"This marks another impressive line of world-class content that the
American Le Mans Series will unveil to its fans next season," said Scott
Atherton, President and CEO of the American Le Mans Series. "The Series
has shown tremendous strides in recent seasons with the addition of
renowned teams like Penske Racing, Aston Martin Racing, Andretti-Green,
Fernandez Racing and now Rahal Letterman. 2007 is truly going to be a
highly competitive as well as a showcase season for the American Le Mans
Series."

Team principal Bobby Rahal has a storied history in sports cars, winning
the 12 Hours of Sebring in 1987 in a Porsche 962 and the 24 Hours of
Daytona in a Porsche 935.

"I have made no secret in recent years that I wanted to begin a sports
car program for Rahal Letterman Racing," said the 2004 International
Motorsports Hall of Fame inductee. "I trace my racing roots back to
sports cars and my time on the historic tracks of Sebring, Laguna Seca,
Mid-Ohio and Elkhart Lake. A passion for road racing and sports cars is a
foundation of our team. The opportunity to diversify our business model
at RLR and to do so with the addition of an American Le Mans Series
program is an outstanding opportunity. I don't think it is an anomaly
that more IndyCar teams are looking at the addition of an American Le
Mans Series program. There is a certain synergy that strengthens your
organization on and off the track."

"The Rahal Letterman name and team are synonymous with top line racing
success," Atherton added. "There is no doubt that it will bring the
highest level of performance and competition to the American Le Mans
Series competitive ranks and the GT2 class. Bobby's success as both a
driver and team owner has allowed him to become one of the icons of the
motorsports industry. We cannot wait to see the new Rahal Letterman GT2
team entry at the 2007 season opener - the 55th annual Mobil 1 Twelve
Hours of Sebring."

"As a driver, Bobby Rahal has a winning tradition with Porsche, racing to
victory in some of America's most prestigious sports cars races behind
the wheel of our cars," said Uwe Brettel, president of Porsche Motorsport
North America. "Now as a Porsche team owner, we expect his success with
the brand to continue. We are pleased Rahal Letterman will be part of our
911 GT3 RSR customer program in 2007 and anticipate the team will enhance
the already highly competitive GT2 class in the American Le Mans Series."

A full announcement on the RLR GT2 program including sponsorship and
driver lineup is forthcoming.